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Business & Economics

Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show

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Summary
Nutrition label

80% Informative

Federal Reserve officials worried tariffs could aggravate inflation and put them in a difficult position with interest rate policy, minutes show.

Officials ultimately decided the best course was to keep rates steady.

The minutes reflect ongoing misgivings about the direction of fiscal and trade policy, the summary of the May 6-7 meeting shows.

VR Score

91

Informative language

98

Neutral language

54

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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